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Report: Anthropic hopes to surpass SpaceX’s record IPO raise when it finally floats

Anthropic PBC is privately hoping its upcoming initial public offering will match or even surpass the size of SpaceX Corp.’s record-breaking IPO as it doubles down on its bid to go public ahead of rival OpenAI Group PBC. Anonymous sources who are familiar with the artificial intelligence model maker’s plans told Bloomberg that it’s hoping […] The post Report: Anthropic hopes to surpass SpaceX’s…

Report: Anthropic hopes to surpass SpaceX’s record IPO raise when it finally floats

Anthropic PBC is aiming to raise more capital than SpaceX did during its record-breaking IPO, according to anonymous sources familiar with the company's plans. Anthropic is targeting an IPO size that could outpace the $75 billion raised by SpaceX in June, with the possibility of reaching up to $86.2 billion due to an overallotment option.

The company, which recently surpassed OpenAI in valuation at $965 billion, is working on filing for its IPO by the end of this month. While Anthropic has shown impressive revenue growth, with sales surpassing $11.5 billion in the second quarter of 2025, the company's recent financial reports indicate a net loss of nearly $42 billion.

The demand for Anthropic's products remains strong, with revenue running at over $65 billion by July. A key aspect of Anthropic's plans involves securing a revolving credit facility to raise more than the targeted $10 billion, along with discussions about potential "super-voting" shares to maintain company control.

Written by urgent.news from SiliconANGLE's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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